WABCO Holdings Inc. announced that it has extended its long-term agreement to supply automated manual transmission (AMT) control technology for a leading global original equipment manufacturer, which is headquartered in Europe. WABCO did not name the OEM.
Under this extended agreement which is valued at over $500 million, WABCO will continue to supply this global manufacturer with its current generation of AMT control technology. WABCO will also develop and introduce the next generation AMT control unit which will enable the latest technical advancements to be integrated into this customer’s global truck and bus series production. The contract is expected to continue until December 2027.
WABCO’s AMT control technology provides differentiating benefits for fleets. Enabling optimized gear shifting, it can help achieve significant cost savings through reduced fuel consumption and mechanical wear, the company said. Additionally, sensors in the AMT control unit provide advanced intelligence which helps predict a vehicle’s maintenance requirements, minimizing its downtime and related operating costs, according to WABCO.